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Is 3D Printing Transforming Construction?

Is 3D Printing Transforming Construction?

Innovative 3D printing technology is reshaping residential and commercial construction, offering faster, cost-effective, and sustainable solutions to address the housing shortage.
December 26, 2024 Litigation Property Risk Management Technology Florida Nevada Tennessee Texas

CVS Faces Federal Lawsuit Over Alleged Opioid Dispensing Missteps

CVS Faces Federal Lawsuit Over Alleged Opioid Dispensing Missteps

The DOJ alleges CVS pharmacies knowingly dispensed opioids unsafely, ignoring red flags and understaffing stores, as part of a whistleblower suit under the False Claims Act.
December 19, 2024 Fraud Legislation & Regulation Litigation Risk Management Rhode Island Tennessee Texas

Senate Report Blames Climate Change for Insurance Challenges as Industry Pushes Back

Senate Report Blames Climate Change for Insurance Challenges as Industry Pushes Back

The Senate Budget Committee attributes rising non-renewal rates to climate change, but insurance experts highlight other drivers like inflation, litigation, and overbuilding.
December 19, 2024 Catastrophe Legislation & Regulation Property Risk Management California Florida Hawaii Louisiana Massachusetts

Teen Arrested in Scattered Spider Cybercrime Case Linked to Telecom and Crypto Hacks

Teen Arrested in Scattered Spider Cybercrime Case Linked to Telecom and Crypto Hacks

Authorities have arrested a teenager linked to the Scattered Spider gang, accusing them of hacking financial and telecom firms and launching phishing campaigns targeting employees and customers.
December 9, 2024 Fraud Litigation Risk Management Technology Florida North Carolina Texas

Homeowners Face Triple Disaster Risks and Insurance Gaps

Homeowners Face Triple Disaster Risks and Insurance Gaps

Over 33,000 U.S. homes face extreme risks from three natural disasters, exposing gaps in insurance coverage and highlighting the urgent need for multi-peril resilience planning.
December 3, 2024 Catastrophe Insurance Industry Property Risk Management California Florida Texas Washington

Oklahoma Employer Ordered to Pay $72,000 for Misclassifying Retail Workers and Denying Overtime

Oklahoma Employer Ordered to Pay $72,000 for Misclassifying Retail Workers and Denying Overtime

An Oklahoma employer must pay $72,000 in back wages and damages after misusing an agricultural exemption to avoid paying overtime to 20 retail employees across multiple locations.
December 3, 2024 Legislation & Regulation Litigation Risk Management Workers' Compensation Missouri Oklahoma Texas

AI Tool Creates Accurate Satellite Images Predicting Floods

AI Tool Creates Accurate Satellite Images Predicting Floods

MIT researchers combine generative AI and physics models to create realistic satellite images of future floods, enhancing readiness and emergency planning.
December 2, 2024 Catastrophe Insurance Industry Risk Management Technology Texas

Record-Breaking 2024 Hurricane Season Ends with $50 Billion in Insured Losses

Record-Breaking 2024 Hurricane Season Ends with $50 Billion in Insured Losses

The 2024 Atlantic hurricane season, ending with 18 named storms, saw record-breaking storms, including Hurricane Milton, which inflicted billions in insured losses across the U.S.
December 2, 2024 Catastrophe Insurance Industry Property Risk Management Florida Georgia Louisiana North Carolina South Carolina

Rising Climate Risks Drive 13% of US Homebuyers to Consider Moving

Rising Climate Risks Drive 13% of US Homebuyers to Consider Moving

Concerns about natural disasters and climate risks are influencing 13.7% of US homebuyers to relocate, with low-risk areas seeing faster home value growth for the first time since 2010.
November 22, 2024 Catastrophe Insurance Industry Property Risk Management California Florida Texas

AI Weather Models Prove Effective During Hurricane Season

AI Weather Models Prove Effective During Hurricane Season

AI-powered weather models, like Google DeepMind’s GraphCast, are transforming hurricane forecasting, demonstrating enhanced accuracy and speed compared to traditional physics-based methods.
November 20, 2024 Catastrophe Insurance Industry Risk Management Technology Louisiana Texas

Rising Roof Claims Challenge Insurers Amid Severe Weather and Roofing Scams

Rising Roof Claims Challenge Insurers Amid Severe Weather and Roofing Scams

Severe weather, inflation, and roofing scams are driving a surge in roof-related insurance claims, forcing the industry to adjust coverage and policy conditions to manage risks.
November 18, 2024 Catastrophe Fraud Insurance Industry Property Texas

Flood Insurance Gaps Highlighted by Hurricane Helene’s Impact

Flood Insurance Gaps Highlighted by Hurricane Helene’s Impact

The devastation caused by Hurricane Helene sheds light on the widespread lack of flood insurance, revealing critical challenges in accessibility, affordability, and risk awareness.
November 18, 2024 Legislation & Regulation Property Risk Management Florida Louisiana Texas

AI Revolutionizes Hurricane Forecasting with Unprecedented Accuracy

AI Revolutionizes Hurricane Forecasting with Unprecedented Accuracy

AI weather models like GraphCast demonstrated remarkable accuracy during this hurricane season, outperforming traditional models in predicting storm tracks but facing challenges with intensity forecasting.
November 15, 2024 Catastrophe Risk Management Technology Louisiana Texas

Hailstorms Drive Record Insurance Losses as Experts Push for Better Detection and Prediction

Hailstorms Drive Record Insurance Losses as Experts Push for Better Detection and Prediction

Severe hailstorms in the U.S. have led to record insurance losses, with hail damage growing due to rising urbanization, climate change, and frequent severe convective storms. Enhanced monitoring projects promise insights to mitigate future risks.
November 5, 2024 Catastrophe Insurance Industry Risk Management Technology Colorado Texas

Texas A&M Research Links Climate Change to Increased Hurricane Rainfall in the Southeast

Texas A&M Research Links Climate Change to Increased Hurricane Rainfall in the Southeast

A Texas A&M study shows a nearly 20% increase in extreme rainfall during storms like Hurricane Helene, linking climate change to intensified flooding risks across the southeastern United States.
October 28, 2024 Catastrophe Property Risk Management Florida Georgia North Carolina Texas
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